The Hartford rejects Chubb's $23B buyout bid
After consultation with the insurance company's financial and legal advisors, The Hartford said in a statement that its board of directors determined that entering into discussions regarding a strategic transaction would "not be in the best interests of the company and its shareholders."
Biden tax hikes pose minor risk to stocks: Goldman Sachs
President Biden’s potential tax hikes will provide a minor headwind to the U.S. equity market, according to strategists at Goldman Sachs Group Inc.
COVID-19 panic stock selling burned investors with shortest bear market ever
The COVID-19 stock anniversary holds valuable lessons on why panic selling can cost you.
Dow, S&P, Nasdaq inch back near record levels
U.S. equity markets rose Monday as tech stocks rallied.
Top finance, tech firms mulling NY exodus over proposed tax hike
One executive claimed that Albany seemed intent to "punish the rich."
Stocks conquered COVID-19 but new headwinds emerge
The S&P 500 has come roaring back from the depths of its COVID-19 induced selloff, but the index faces new headwinds as the U.S. economic recovery kicks into a higher gear.
Reddit investors ‘adopt’ 3,500 gorillas in less than a week
Reddit investors are still monkeying around.
Dow falls 234 points but Nasdaq battles even with higher bond yields
U.S. equity markets finished mixed Friday as the Nasdaq rebounded while the Dow Jones Industrial Average and the S&P 500 lost ground.
March Madness tipoff boosts DraftKings, Penn National shares
Shares of sports-betting platforms DraftKings Inc. and Penn National Gaming Inc. rallied Friday as March Madness gets ready to tip off.
Portnoy-backed ETF BUZZ hits $500M in assets, 6th-fastest grower
The Portnoy-backed BUZZ ETF is the sixth-fastest-growing fund.
Tech stocks slammed as bond yields surge to 14-month high
Stocks tumbled as bond yields continued to climb.
COVID pandemic took US debt to level that may start 'major problems’: Economic research firm founder
Macromavens President Stephanie Pomboy discusses her outlook for the stock market and ecomomy amid more government spending and inflation pressures.
Fed's Powell talks inflation, jobs and rates staying low
Fed Chair Powell sees an improving economy.
Dow crosses 33K for first time, Fed to keep rates low
U.S. equity markets battled higher Wednesday as investors digested the Federal Reserve’s latest policy decision.
Olo stock surges 28% in opening NYSE trade
Olo Inc. shares jumped 28% in their debut trade on the New York Stock Exchange.
Why good news for the economy can be a drag on your 401(k)
A surge of optimism that the pandemic is on the way out has convinced investors to revamp their playbooks for where to put money.
Stocks end mixed ahead of the Fed's interest rate decision
U.S. stocks traded cautiously as the Federal Reserve kicks off its two-day policy meeting.
Coronavirus no longer biggest worry for fund managers
Big money managers say that for the first time in a year COVID-19 is not the biggest tail risk to markets, according to a new survey.
Dow, S&P charge to record highs as bond yields ease ahead of Fed meeting
U.S. equity markets rallied Monday as bond yields fell ahead of the Federal Reserve’s two-day meeting.
Auto industry urges emissions deal weaker than Obama's
It could result in two different sets of standards which could drive up vehicle prices